Online Trading Fraud: Kerala doctor duped of Rs 3.42 crore
Cybercrime
Thiruvananthapuram: In yet another case of cyber fraud reported from the city, a 53-year-old doctor became a victim of an online trading and investment scam leading to a loss of Rs 3.42 crore following which the cyber police registered a case.
According to the police, the sophisticated scheme is believed to have been masterminded by a gang of ten individuals who deceived the doctor into believing that he could attain immense wealth, just like the others he encountered within the fraudulent organization.
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As per the TOI news report, the incident occurred when the doctor was contacted by an individual posing as a member of a leading firm's share trading research team, promoting the potential of online trading.
Subsequently, he was invited to join a WhatsApp group where fake profiles of purported billionaires in online trading were presented. The doctor, unaware of the deception, was lured by promises of attractive profits from small investments.
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